Auction Technology Group (LON:ATG) Reaches New 1-Year High – Here’s Why

Auction Technology Group plc (LON:ATGGet Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 5,669.40 ($73.51) and last traded at GBX 568 ($7.37), with a volume of 12726175 shares traded. The stock had previously closed at GBX 579 ($7.51).

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on ATG shares. Berenberg Bank restated a “buy” rating and set a GBX 710 ($9.21) target price on shares of Auction Technology Group in a research report on Friday, November 29th. JPMorgan Chase & Co. raised their target price on shares of Auction Technology Group from GBX 780 ($10.11) to GBX 790 ($10.24) and gave the stock an “overweight” rating in a research report on Thursday, March 6th.

Check Out Our Latest Stock Analysis on ATG

Auction Technology Group Stock Performance

The company has a market cap of £706.62 million, a price-to-earnings ratio of 69.86 and a beta of 1.29. The stock’s fifty day simple moving average is GBX 581 and its two-hundred day simple moving average is GBX 508.67. The company has a debt-to-equity ratio of 18.16, a quick ratio of 1.36 and a current ratio of 0.62.

Auction Technology Group Company Profile

(Get Free Report)

Auction Technology Group plc (“ATG”) is the operator of the world’s leading marketplaces and auction services for curated online auctions, seamlessly connecting bidders from around the world to over 3,800 trusted auction houses across two major sectors: Industrial & Commercial (“I&C”) and Art & Antiques (“A&A”).

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